ECB keeps on keepin' with bond buys

Weekly QE stats

• Bought 4.447B euros of assets in PSPP in week to Aug 31 vs 4.693B previously

• Bought 32m in covered bonds vs 320m prior

• Sold at net 252m in ABS vs sales of 216m a week earlier

• Bought at net 472m of corporate bonds vs 174m a week earlier

Overall, money printing slowed last week but everything remains on track. This data almost never moves the market.